The UAE and Oman will work together on Hafeet Rail, a $3bn train network from Abu Dhabi to Sohar.
Ahmed Al Musawa Al Hashemi, CEO of Hafeet Rail, said that the railway project between the UAE and Oman has entered into the implementation phase today.
He said that several tangible steps have been made, starting with the signing of the partnership agreement between stakeholders, and the awarding of major contracts for the project to a UAE-Omani alliance comprising companies from both countries operating as one team.
Al Hashemi, speaking on the sidelines of the joint UAE-Oman Business Forum in Abu Dhabi, emphasised that the project will yield numerous economic and social benefits.
He highlighted that the railways operate with high efficiency in terms of safety and security and are among the most sustainable means of transportation environmentally.
He affirmed his expectations that the UAE-Oman railway project will serve as a catalyst for further cooperation in various economic and industrial sectors, noting its direct impact on passenger movement between the two countries, further boosting tourism and ties between their peoples.
He added that the railway line in this project extends from the existing network in the UAE, specifically from the Al Wathba area to the city and port of Sohar, passing through diverse geographical areas from desert to mountainous and valley regions, and running alongside Jebel Hafeet, from which the joint venture company Hafeet Rail derives its name.
The joint UAE-Omani Business Forum witnessed the unveiling of the new brand identity of Hafeet Rail, which was previously known as “Oman and Etihad Rail Company”.
Meanwhile, Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, affirmed that the UAE-Oman Business Forum will serve as a turning point in increasing investment volume and boosting trade exchange between the two countries.
The Minister confirmed the awarding of the Hafeet Rail project’s tender and actual work commencement during the forum.
Hafeet Rail will connect two Gulf countries and align with the Gulf Railway, embodying a pioneering Gulf Cooperation Council (GCC) vision.
The project aims to be a fast and efficient means of connection, reducing car traffic and carbon footprint.
Al Mazrouei confirmed the route will connect the port of Sohar to Abu Dhabi, significantly reducing travel distance compared to traditional routes.
He emphasised the train’s efficiency and affordability, noting its capacity for both freight and passenger transportation.
Prioritising cost-effectiveness, the Hafeet Rail project is valued at around $3bn.
The Minister reaffirmed their commitment to potentially achieve a lower final cost than the current estimate. Additionally, the project board aims to establish a record-breaking timeline for implementation.